Tesco is one of the worlds leading international retailers. Since the company first the trading name of Tesco, in the mid 1920s, the group has expanded into different formats, different markets and different sectors. The UKs leading retailer Tesco was floated on the stock exchange in 1947 and in 1995 took over rival Sainsburys position as the UK number one. The principal activity of the group is food retailing, with over 2,000 stores worldwide. Tesco has a long term strategy for growth, based on four key parts: growth in the Core UK business, to expand by growing internationally, to be as strong in non-food as in food and to follow customers into new retailing services. The company launched a home shopping service in 2000, allowing customers to order their shopping online. Tesco is now expanding its convenience stores and overseas into areas such as Taiwan, Malaysia, Poland, the US and Ireland.

Upper graph = 12 month share price with 6 month moving average
Lower graph = 12 month volume (red line = volume average).

i understand there is one company that is making a song and dance on this issue, but heaven forefend i should level an accusation as to its probity :-)

Agree with you whole heartedly, we as a country have very little agriculture left and could not sustain ourselves. Our winter vegetables have suffered great losses this winter, and now the winter cereals have either not been planted or have perrished. Spring cereals which do not perform as well as winter, are struggling with the winter chill and freezing conditions. Our first touch of shortages is nearer than some like to think.,.

BB - i know you have some expertise in this area ..... is it not also true that plants are remarkably resilient and, with a bit of clement weather, catch up surprisingly quickly? .... last year, i recollect that the winter through april was exceptionally dry, which would also assuredly have caused major problems .... do you know how badly (if at all) yields were finally affected?

Different senario cynic, winter crops were estabished, spring crops such as potatoes sown and got away ok. On the otherhand harvesting them last autumn was almost impossible. The grain ended up shrivelled and light (bushel wieght) and potatoe crops stayed in the ground and are being ploughed in. The dry didn't last long enough tomake a lot of difference, whereas the wet....... different story.,.

Is it time to short TSCO ahead of next weeks results announcement?

Ironically, I'm short @385.15 but still hold in my SIPP.

skin sounds sensible to us depends on how the market reacts if they announce the closure of their US business.

Remember 10p divi people may get in for that. You've got it covered both ways Skinny.

Maggiebt4 are you sure of div and date as I can only find 25/4/12 at 10.10p according to dig look.,.

Preliminary results 17th April, when the dividend will be announced.

Financial Calendar

BB was taking it from div history calendar saw last year's ex div as 25/4 assumed this years would be around same time. Was also assuming around the 10p mark as has been for last two years. Sorry if I was misleading and hope I'm not disappointed!

lol. no probs maggie.... just chicken checkin.,.

Broker forecasts is £4 plus -

blo**y good div nar1......

Yes very nice

Skinny what is your basis for going short ?

Thanks

Tesco faces £1bn write-down on US Fresh & Easy business

Sounds like the market will be pleased if Tesco exit the US.

http://www.thegrocer.co.uk/companies/supermarkets/tesco-faces-1bn-write-down-on-us-fresh-and-easy-business/238181.article

Hope it's the news that can push the SP into the 390 barrier !

http://uk.finance.yahoo.com/news/3-ftse-100-shares-week-130207026.html

Worth a read

http://uk.finance.yahoo.com/news/3-ftse-100-shares-week-130207026.html

Worth a read

Be interesting to see how the Asian/China side of the business is doing, as it had slowed in late 2012 with store expansion slowing. A very important market for Tesco.